Home > Construction > Construction Equipment > mobile crushers and screeners market
Get a free sample of Mobile Crushers and Screeners Market
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Get a free sample of Mobile Crushers and Screeners Market
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Based on product, the mobile crushers and screeners market is divided into mobile crushers and mobile screeners. The mobile crushers segment is expected to grow at a CAGR of around 5% during the forecast period. The segment will experience growth over the forecast period. This growth is attributed to the increasing demand for mobile crushers, which offer versatility and mobility, allowing for efficient material processing at various job sites. Rising construction and mining activities, especially in developing regions, are fueling the demand for portable crushing equipment. The ongoing technological advancements, such as automation and improved fuel efficiency, are making mobile crushers more appealing to businesses, further fueling their adoption and market expansion.
For instance, in October 2023, Sandvik Rock Processing Solutions, Mobile Crushers and Screens launched the UJ443E fully electric heavy jaw crusher, emphasizing sustainability in crushing and screening. Built on an all-electric track platform, the machine incorporates top-notch components and the latest Sandvik CJ412 jaw crusher.
Based on operation, the mobile crushers and screeners market is divided into tracked and wheeled. The tracked segment was valued at over USD 1.3 billion in 2022. Tracked machines offer superior mobility, which enables them to navigate diverse terrains and reach remote job sites with ease. This makes them essential for construction, mining, and infrastructure projects. Furthermore, advancements in tracked equipment, such as improved fuel efficiency, eco-friendly options, and enhanced automation, are making them more appealing to industries worldwide. As the need for mobile crushing and screening solutions continues to rise, the tracked segment is expected to expand, providing efficient and versatile solutions for various applications.
North America held a dominant market share of over 35% in 2022. The region's strong construction and mining industries, coupled with infrastructure development initiatives, drive the demand for these machines. Additionally, the focus on technological advancements, such as automation and eco-friendly designs, aligns with sustainability goals, further boosting market expansion. The need for efficient material processing in North America's expanding urban and rural areas is likely to fuel the adoption of mobile crushers and screeners, making it a dominant region in the industry.
For instance, in April 2023, Sandvik Rock Processing Solutions, Mobile Crushers and Screens expanded its North American wheeled crushing and screening lineup with the introduction of the US373 wheeled cone crusher and the UF473 wheeled screening unit. US373 incorporates the powerful Sandvik CS430 cone crusher while UF473 is a versatile screening unit with a triple-shaft horizontal screen.
The mobile crushers and screeners industry was valued at USD 2.3 billion in 2022 and is projected to grow at a CAGR of over 4.5% between 2023 and 2032, owing to the expanding mining sector.
North America held a dominant market share of over 35% in 2022 and will continue to grow backed bu the region's strong construction and mining industries, coupled with infrastructure development initiatives, that drive the demand for these machines.
2. Why is tracked operation gaining traction in mobile crushers and screeners industry?
Astec Industries, Inc., Eagle Crusher Company, Inc., IROCK Crushers, LLC, Kleemann GmbH, Komatsu Ltd., McCloskey International, Metso Outotec Corporation, RUBBLE MASTER HMH GmbH, Sandvik AB and Terex Corporation.